All these companies are only looking at the short-term bottom line.
Fewer entrants into the industry will be the result, and those already in the industry will go offshore where there is a shortage of aircrew (Ozies ARE well regarded) & there are still companies that accept the cost of training and some don’t even bond you.
Even though I have been with this company a long time. I am headed offshore rather than pay big dollars for progression within this company and the privilege of staying in Oz. (The math no longer works) It’s very disheartening.